Article Sidebar

Download
PDF
Statistic
Read Counter : 221 Download : 227

Main Article Content

Abstract

The purpose of this study was to analyze the effect of investment on exports, competitiveness of commodities, bilateral agreements on exports, market penetration of commodities, and the exchange rate on exports to encourage economic growth in South Sulawesi Province. Using a quantitative method with a descriptive analysis approach, carried out by the Province of South Sulawesi in 2021. The data used in this study is secondary, which is time series data for the last 20 years. Secondary data for this study were obtained from a variety of sources, including the World Bank, Uncomradely, and the BPS statistical portal, among others. The data analysis model uses the Revealed Comparative Advantage Index (RCA), the Index of Export Market Penetration (IEMP), and Two Stage Least Square (2SLS). The results of this study are: 1) investment has no significant effect on exports in encouraging economic growth; 2) competitiveness has a significant negative effect on exports in encouraging economic growth; 3) bilateral agreements do not significantly affect exports in encouraging economic growth; 4) market penetration has a significant effect on exports in encouraging economic growth; and 5) the exchange rate has a significant effect on exports in encouraging economic growth.

Keywords

Investment Competitiveness Bilateral Agreement Penetration Power Exchange rate Export Economic growth

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

References

  1. Abbas, Shujaat, and Abdul Waheed. 2017. “Trade Competitiveness of Pakistan: Evidence from the Revealed Comparative Advantage Approach.” Competitiveness Review 27(5).
  2. Aini, Yulinda Nurul, Yanti Astrelina Purba, and Ruth Meilliana. 2018. “Trade Globalization and Its Impact on Welfare in Indonesia.” Journal of Indonesian Social Sciences and Humanities 8(1).
  3. Ardiyanti, Septic Tri. 2015. “Impact of the Indonesia-Japan (Ijepa) Trade Agreement on Bilateral Trade Performance.” Trade Research and Development Scientific Bulletin 9(2): 129–51.
  4. Azis, Abdul, Aan Handriani, and Herlian Basri. 2019. “Considering the Effectiveness of the Job Creation Law on Increasing Foreign Investment.” Surya Kencana Satu 10(01): 59–74. http://www.openjournal.unpam.ac.id/index.php/sks/article/view/15861.
  5. Bambungan, Anisya Gretsya, Tri Oldy Rotinsulu, and Dennij Mandeij. 2021. “Analysis of the Effect of Export Import Foreign Debt and Foreign Investment on Economic Growth in Indonesia for the 2013 Period: Q1-2018: Q4.” EMBA Journal: Journal of Economic Research, Management, Business and Accounting 9(2).
  6. Becker, Kip, Ibrahim Baki, and Lee Jung Wan. 2016. “The Customs Union between the European Union and Turkey and Its Impacts on Turkey's Economy.” The Journal of Asian Finance, Economics and Business 3(2): 41–49.
  7. Choong, Chee Keong, Zulkornain Yusop, and Khim Sen Liew. 2003. “Export-Led Growth Hypothesis in Malaysia: An Application of Two-Stage Least Square Technique.” International Finance 3(September).
  8. Crippa, M., G. Janssens-Maenhout, D. Guizzardi, and S. Galmarini. 2016. “EU Effect: Exporting Emission Standards for Vehicles through the Global Market Economy.” Journal of Environmental Management 183.
  9. Curzi, Daniele, and Martijn Huysmans. 2022. “The Impact of Protecting EU Geographical Indications in Trade Agreements.” American Journal of Agricultural Economics 104(1).
  10. Duragesh Pujari. 2020. “Economic Crisis in India 2020: Measures To V-Shaped Recovery.” EPRA International Journal of Economic and Business Review: 45–54.
  11. Fajar, Firman, Dedi Budiman Hakim, and Dwi Rachmina. 2017. “The Relationship of Exchange Rates to Indonesian Agricultural Manufacturing Export Activities.” Journal of Business and Management Applications 6(1).
  12. Fernandez, Virginia Laura, and Marcelo Luiz Curado. 2019. “Matriz de Competitividade eo Papel Dos Mercados Emergentes Nas Exportações Argentinas e Brasileiras.” Economia e Sociedade 28(1): 123–51.
  13. Firmansyah, Firmansyah, Wahyu Widodo, Karsinah Karsinah, and Shanty Oktavilia. 2017. “Export Performance and Competitiveness of Indonesian Food Commodities.” TRACK 10(2): 289–301.
  14. Fitriani, Efi. 2019. “Analysis of the Effect of International Trade on Indonesia's Economic Growth.” JURISMA: Journal of Business & Management Research 9(1): 17–26.
  15. Ginting, Ari Mulianta. 2017. "Analysis of the Effect of Exports on Indonesia's Economic Growth." 11(1): 1–20.
  16. Ginting, Nelva Meyriani, Rahmanta Rahmanta, and Lindawati Lindawati. 2021. “Analysis of the Competitiveness of Processed Cocoa and Factors Affecting the Competitiveness of Processed Cocoa in the Province of North Sumatra, Indonesia in the International Market.” Agro Bali: Agricultural Journal 4(3).
  17. Hariani, Danarti. 2022. “Analysis of the Triple Helix Model in Economic Development (Study on Mojokerto Silver Handicraft SMEs).” Social Sciences and Education (JISIP) 6(1): 2085–92.
  18. Hobbs, Sam, Dimitrios Paparas, and Mostafa E. AboElsoud. 2021. “Does Foreign Direct Investment and Trade Promote Economic Growth? Evidence from Albania.” Economies 9(1).
  19. Ibrahim, Karmila, Slamet Hartono, and Irham Irham. 2017. “Analysis of Leading Commodities and Sub-Sectors of the Agricultural Sector of North Maluku Province.” Agro-Economics 15(2).
  20. Kalaitzi, Athanasia S., and Emmanuel Cleeve. 2018. “Export-Led Growth in the UAE: Multivariate Causality between Primary Exports, Manufactured Exports and Economic Growth.” Eurasian Business Review 8(3).
  21. Kurniasih, Erni Panca. 2019. “The Long-Run and Short-Run Impacts of Investment, Export, Money Supply, and Inflation on Economic Growth In Indonesia.” Journal of Economics, Business & Accountancy Venture 22(1). https://journal.perbanas.ac.id/index.php/jebav/article/view/1589.
  22. Mao, Rui, and Bin Zhang. 2015. “Export Destination and Export Market Penetration of the People's Republic of China—Past and Future.” Asian Development Review 32(1): 142–66.
  23. Marpaung, Annaria Magdalena, and Jan Horas V Purba. 2017. “The Effect of Exchange Rates on Exports and Its Impact on Indonesia's Economic Growth.” DeReMa (Development Research of Management): Journal of Management 12(2).
  24. Masron, Tajul Ariffin, Takemi Fujikawa, and Nik Hadiyan Nik Azman. 2014. “Malaysian Exports to Middle Eastern Asian Countries: Trends and the Role of Trade Agreements.” Asian Academy of Management Journal 19(2).
  25. Mugo, Peter. 2020. “Porter's Five Forces Influence on Competitive Advantage in Telecommunication Industry in Kenya.” European Journal of Business and Strategic Management 5(2): 30.
  26. Mulyono, Tri. 2022. “Analysis of Indonesian Coffee Export Offers to the United States 1990-2019.” 7(1).
  27. Nihayah, Dyah Maya. 2012. "Competitive Performance of Indonesian Agro-Industry Sector Commodities." Journal of Business and Economics 19(1).
  28. Nimlaor, Chavalit, Jirasek Trimetsoon, and Wanno Fongsuwan. 2015. “AEC Garment Industry Competitiveness: A Structural Equation Model of Thailand's Role.” Research Journal of Business Management 9(1).
  29. Ningsih, Yeny Puspita, and Fitri Kartiasih. 2019. “The Impact of Major Trading Partners' Economic Growth Shocks on Indonesia's Macroeconomic Indicators.” Scientific Journal of Economics and Business 16(1): 78–92.
  30. Pauzi, Ahmad, and Dewa Budiana. 2016. “Factors That Influence Directly or Indirectly Inequality in Income Distribution.” E-Journal of Development Economics, Udayana University 5(6).
  31. Purba, Martin Luther. 2019. “Aggregate Demand in the Economy (A Study of the Mundell-Fleming Model).” Proceedings of the PDW ISRI SUMUT national seminar (October).
  32. Trisanti Saragih, Maria, Harianto Harianto, and Heny Kuswanti. 2021. “The Effect of Application of Export Duties on Cocoa Beans on the Competitiveness and Exports of Indonesian Cocoa Products.” Agribusiness Forum 11(2).
  33. Ustriaji, Farid. 2017. “Analysis of the Competitiveness of Indonesia's Leading Export Commodities in the International Market.” Journal of Development Economics 14(2): 149.
  34. Vedia-Jerez, Daniel H., and Coro Chasco. 2016. “Long-Run Determinants of Economic Growth in South America.” Journal of Applied Economics 19(1).
  35. Wahyuningsih, Wiwit Santi. 2017. “Analysis of Export Competitiveness of Leading Sector in Central Java.” Economics Development Analysis Journal 4(3): 332–49.